Foreign cash keeps flowing into real estate market

VietNamNet Bridge – Foreign investors, mostly from Asia, continue making serious investments in Vietnam’s real estate sector. Foreign capital keeps flowing into the real estate market Japanese Hinokiya and Vietnamese TWG are moving ahead with a plan to set up a joint venture to develop real estate projects in Vietnam after signing a cooperation agreement on June 22. FDI into the real estate sector is increasing steadily with $5.5 billion worth of capital registered in the first six months of the year, which accounted for 27.25 percent of total registered FDI capital. According to the Foreign Investment Agency (FIA), FDI into the real estate sector is increasing steadily with $5.5 billion worth of capital registered in the first six months of the year, which accounted for 27.25 percent of total registered FDI capital. RELATED NEWS Real estate market to prosper thanks to stock upswing Experts divided on Vietnam’s real estate market Thanh Lich